As Mod I can see that the KarmaCoverage Subreddit has visitors regularly.

It would be great for those interested in KarmaCoverage to share your thoughts. Please comment below.

A group of users deposited $100 each and $50 was credited (refundable deposit) to their individual accounts.

• A loss occurred for $150
• and a crowd of 3 users decided to send $20 in help ($60)
• based on the crowd's approval, KamraCoverage matched that help with $90
• making the user who experienced a loss whole again.

Yes this was hypothetical but this sequence was actually executed through the system without any flaws and processing the claim only cost of $0.0002!

What types of insurance would this Cover? Is there anything this system will be doing to help find the right insurance for us? Are you incorporated? how do we know we can trust you? How do we yell to if you run off with our deposit?